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Saïd Business School to Offer Online Blockchain Strategy Short Course

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Saïd Business School to Offer Online Blockchain Strategy Short Course
A recent McKinsey report forecasts that Blockchain will "generate $80-$110 billion in impact" by 2021.

Saïd Business School, University of Oxford and GetSmarter have linked up to offer premium online short courses to working professionals, including an online blockchain strategy course.

Blockchain technology is a digital, decentralized ledger that helps to build trust and eliminate the need for third-party intermediaries in trust-less environments. The software permanently stores and distributes transactions, creating an immutable, auditable and tamper-proof digital trail.

It has the potential to radically overhaul the nature of business, changing the job landscape and causing disruption across industries, which is why Saïd Business School, University of Oxford is launching a new digital blockchain strategy short course to prepare executives for the blockchain revolution.

A recent McKinsey report forecasts that Blockchain will “generate $80-$110 billion in impact” by 2021.

The Oxford Blockchain Strategy Programme aims to provide the fundamentals of where blockchain can be used, how it works, and its structural and market implications.

“With 80% of banks developing blockchains, and industries from law to aerospace exploring possibilities, the next 5 to 10 years will see massive disruption from blockchain adoption as jobs are automated and new industry applications are created,” Associate Fellow at Oxford Saïd and Course Co-Convenor of the Oxford Blockchain Strategy Programme David Shrier said. “When the internet was born, people used it to email one another. Businesses like Amazon and Uber were inconceivable. Blockchain is a revolution of similar proportions, with undetermined potential, ramifications and opportunities.”

The short course has been designed for senior executives and managers – as well as professionals with a keen interest in blockchain – to understand how blockchain will affect and shape business. It will provide them with an actionable strategy to respond to blockchain and incorporate it into their long-term planning.

“The application of the core technology behind bitcoin – blockchain – extends much further than the widely recognized cryptocurrencies,” Associate Professor of Business Economics and Co-Convenor of the Oxford Blockchain Strategy Programme at Oxford Saïd Nir Vulkan said.

“Blockchain has the potential not only to change how we transfer value, but could shift our systems of trade, identity, efficiency and governance across all sectors, radically transforming traditional approaches to management. What participants will understand from our course is what is on the horizon for their business and how to prepare for that.”

Teppo Felin, Professor of Strategy at Oxford Saïd, will provide a framework for companies to capitalize on the blockchain opportunity. The short course will also feature insights from guest speakers such as Meltem Demirors, Director at the Digital Currency Group, and Professor Sandy Pentland, one of the world’s leading data scientists, as well as a number of practicing entrepreneurs, technologists and financiers in the blockchain sector.

In addition to the insights and advice these global authorities will share in the short course through both video interviews and lectures, participants will learn about two strategy frameworks developed specifically for the short course: the Oxford Blockchain Strategy framework and the Oxford Blockchain Regulation framework.

On successful completion of the short course, participants will receive a certificate of attendance from Saïd Business School and access to the Oxford Saïd Executive Education alumni network.

“Technology and the mobile revolution are rapidly transforming financial markets, institutions, and business models,” Peter Moores Dean at Saïd Business School Peter Tufano said. “Drawing upon the expertise of leading academics and practitioners from Oxford Saïd and colleagues from across the University, our new digital programs, supported by our partner GetSmarter, will provide entrepreneurs and executives with the insights and knowledge necessary to navigate this changing landscape, and adapt and progress in their careers.”

The short course will begin on February 28, 2017 with six modules over six weeks.

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New Report Reveals 4.6 Million Students Studying Abroad in 2017

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International Higher Education on The Increase With 4.6 Million Students Studying Abroad Worldwide

According to the latest report by HSBC in The Value of Education, international higher education is going strong.

The report covers a study of over 8,000 parents in 15 countries, with 42% of parents revealing that they would consider sending their child to study abroad, an increase of 7 per cent, compared to 35% of parents in 2016.

Parents in Asian countries are among the most “outward looking” reveals the report, with four of the top five countries where parents are considering a university education abroad their child being India (62%, +15pp), Indonesia (61%, +1pp), China (59%, +15pp), and Hong Kong (52%, -2pp).

The report reveals similar figures to those indicated by OECD that highlights Asian students as accounting for 53% of all students studying abroad worldwide.

A total of 4.6 million higher education students are studying abroad in 2017, a significant increase from 2.1 million in 2001.

The USA attracted around 1,079,000 international higher education students, the UK around 501,000, China 443,000, Australia 328,000 and France 324,000.

Top Reasons to Study Abroad

According to the report the main benefits of a higher education abroad is for the child to gain international work experience (49%), develop foreign language skills (49%) and to be exposed to new experiences, ideas and cultures (48%).

Top Study Abroad Destinations

According to the report the worldwide top destinations to study abroad are the USA, Australia, UK and Canada.

The USA (47%) is the most favored destination by parents, ahead of Australia (40%), the UK (39%), Canada (25%) and Germany (23%). Parents who preferred the USA believe it is a good destination for job prospects for graduates (86%), while those choosing the UK perceive it as offering high quality universities and colleges (94%) and parents picking Canada think it offers a high quality of life for students (83%).

Rajika Bhandari, Head of Research, at the Institute of International Education, Inc. says “The fact that these five nations are the most preferred is not a happy accident; all take very deliberate steps to attract more international students. Germany, for example, aims to attract 350,000 international students by 2020. Canada, too, has implemented policies to make it easier for international students to join the skilled workforce, and has taken steps toward offering a path to citizenship for highly educated, skillbased immigrants that come through its university system.”

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University in Bulgaria Announces New Bitcoin Scholarship

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Varna University of Management, Bulgaria

The international business school, Varna University of Management (VUM), in Bulgaria has announced a bitcoin-based scholarship for ten applicants to its software engineering bachelor’s program.

Students who apply to the program and get awarded the scholarship will be able to receive 1,000 Euros in bitcoins.

Scholarships will be awarded depending on the student’s background, past achievements and country of residence.

Varna University of Management announced “We strongly believe that cryptocurrency is an inevitable technical development that will lead to significant innovation in all aspects of our lives.”

“Endorsing and integrating bitcoin is a rational choice for us. We are always interested in delivering disruptive technologies in our IT and business programmes and cryptocurrency is definitely one of them.”

The University is also working on “accepting Bitcoin as payment for tuition and accommodation fees” it said.

With the new bitcoin scholarship, Varna University of Management aims to attract some of the brightest students from around the world.

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Turkey, Top Choice for Students from Somalia Studying Abroad

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Turkey, Top Choice for Students from Somalia Studying Abroad

The public works, reconstruction and housing minister of Somalia has announced that Turkey is the number one study destination for young Somalis studying abroad.

“Even if they are offered the United States or the West, they don’t choose them,” Sadiq Abdullahi Abdi told Anadolu Agency.

The minister stated that the education quality, social structure, and cultural values is what attracts students from Somalia to study in Turkey.

Students from Somalia studying in Turkey are currently studying in “all fields: medicine, engineering, and agriculture,” and others, he added.

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